U.S. News magazine cites LendingPoint in ‘Best Personal Loans’ list

Among the many personal and professional reasons we have to be thankful this season, this morning we at LendingPoint have one more cause to smile with gratitude. We’ve been named to the “The Best Personal Loans of 2017” list by the prestigious U.S. News and World Report.

In its 2017 roundup, U.S. News named LendingPoint best for “Fair to Good Credit With Merit-Based Qualifications.”Â

Here’s some of that they said about LendingPoint:

Overview:
LendingPoint began in Georgia and has been slowly making its way across the country. It currently lends to borrowers in 32 states and specializes in lending to those who have fair to good credit.

Best Features:
LendingPoint has no restrictions on what you can use the personal loan for, so the money can be used for student loans, business and other expenses. Some lenders restrict personal loans to specific uses, which makes LendingPoint better for customers who need a personal loan for a wedding, home repairs or fixing a car.

LendingPoint offers bimonthly payments, which can make it easier to budget your payments. For example, you can set up your payments to match your paychecks, instead of paying all at once.

Additionally, LendingPoint offers merit-based loans, which means it considers more than just your credit score. Factors considered by LendingPoint include job history, income, financial history and credit behavior.